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...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn through [its cash] and go out of business”....
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...Rising insurance prices were “a reflection of the risks, and the risks are going up, and they are going up quickly. It’s a call for action”, Hielkema added....
...“The best way to get from plan A that’s not working to a plan B that might work is to formulate hypotheses, test them with real data, and let the data speak.”...
...The lower gardens feature a Doric temple, obelisk and a pond with a fountain....
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...leaves British companies with a tonne of paperwork to submit....
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
...Palazzo Passerini is a three-bedroom residence that can be booked on a B&B basis or bought out in exclusivity by a total of six guests....
...Garnier, who has been spearheading a turnaround of the company, said the group had identified around a third of its Castorama stores as the lowest-performing as part of a push to right-size and modernise...
...The UK has had remarkable success in founding and nurturing tech and growth companies....
...In March, the boss of Admiral said the sector was in a “different situation” and that the FTSE 100 company had even put through a “small price decrease” recently to win business....
...This is roughly comparable to average default rates observed in companies that receive a B credit rating from S&P (3.4 per cent) and a B3 from Moody’s (4 per cent)....
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
...One burning issue is about what exactly it means for a company — and in particular, an oil and gas company — to say that its strategy is aligned with the goals of the Paris agreement....
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
...The institution, a marketplace where more than 50 insurers and reinsurers agree to underwrite risks for businesses, reported a combined ratio — a closely tracked measure of claims and expenses as a proportion...
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Ours by Phillip B Williams, Granta £18.99, 592 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
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